In a capitalist economy, resources are privately owned. This means that individuals, businesses, or organizations own and control the resources such as land, labor, and capital. The ownership of resources is a fundamental aspect of capitalism, and it allows individuals to make decisions about how to use these resources to produce goods and services that can be sold for profit. In a capitalist economy, the government's role is typically limited to regulating the market and enforcing property rights, rather than owning or controlling resources.